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Real estate

Federal Reserve finds working from home has been a big driver of inflation

by Lily Jamali
Sep 27, 2022
San Francisco Fed researchers say the work-from-home shift may account for more than half of overall home price and rent increases in the U.S.
Demand for newer, bigger housing options that provide space for working from home has grown during the pandemic.
Valery Hache/AFP via Getty Images
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Many Chinese homebuyers are paying mortgages on homes they may never live in

by Jennifer Pak
Sep 14, 2022
With real estate firms in financial distress, thousands of people are left with unfinished condos. Some are trying to fight back.
Last year, musician Chen Peng took Marketplace to the development in Zhengzhou where he bought a two-bedroom condo. The development remains unfinished today.
Charles Zhang/Marketplace
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Developers press on with apartment building as would-be homeowners rent instead

by Matt Levin
Aug 15, 2022
Putting rental units on the market isn't easy, though.
Supply chain issues and rising labor costs make it hard to get new apartment buildings on the market.
Frederic J. Brown/AFP via Getty Images
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Why is there a real estate crisis unfolding in China?

by David Brancaccio , Jennifer Pak and Jarrett Dang
Jul 29, 2022
Massive debt amongst property developers like Evergrande have led to incomplete buildings and angry homebuyers.
"Property developers have run out of money." said Jennifer Pak, Marketplace's China Correspondent.
LIU JIN/AFP via Getty Images
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Buyers and sellers are feeling a shift in the housing market

by Savannah Maher
Jul 27, 2022
In some markets, sellers can no longer bet on multiple offers and quick deals, and buyers can afford to be pickier.
Mortgage rates have climbed, and the real estate market has cooled.
Justin Sullivan/Getty Images
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Are rising mortgage rates already cooling the hot real estate market?

by Lily Jamali
Jun 20, 2022
The number of pending sales is down from last year, but homes are still selling quickly.
Mortgage rates have doubled since a year ago to about 6%, but homes are still selling swiftly.
Frederic J. Brown/AFP via Getty Images
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Race and Economy

New federal programs aim to shrink the racial housing gap

by Justin Ho
Jun 20, 2022
The homeownership rate among Black Americans is 42%. For white Americans, it's more than 70%.
Stefani Reynolds/AFP via Getty Images
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The housing market is finally starting to cool off

by Samantha Fields
Jun 16, 2022
Mortgage rates are up. Realtors are being laid off.
High mortgage rates means reduces the pool of potential homebuyers. Fewer buyers could mean houses are on the market longer, which could prompt sellers to reduce prices.
Chris Delmas/AFP via Getty Images
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Why are there still so few houses for sale?

by Matt Levin
May 31, 2022
Sellers who don't want to become buyers and the refinancing craze play roles in the lack of supply.
On a typical day in April 2019, about 1.2 million homes were for sale in the United States. Last month, it was a little over 400,000. 
Frederic J. Brown/AFP via Getty Images
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Remote work is driving up housing costs

by Matt Levin
May 31, 2022
Extra space is at a premium for those who want to Zoom in peace.
Zillow predicts home prices will continue rising through 2023.
Justin Sullivan/Getty Images
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